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Pintec Technology, Fullerton Credit launch Chinese digital lending partnership

Pintec Technology Holdings Ltd. entered an agreement with Fullerton Credit to expand digital lending in China, according to a company release.

Fullerton Credit provides operating and consumer loans for individual, micro business and SME’s. The company, owned by Fullerton Financial Holdings, said it has disbursed more than RMB15 billion [$2.17 bln] in loans to date, serving more than 50,000 customers and has 31 locations in China.

Pintec will develop a variety of digital lending solutions as well as provide technical support to help link Fullerton Credit with individual customers and small and micro businesses.